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U.K.’s First Free Port Since 2012 to Open Next Year

Supply Chain Brain

Britain will open its first free port since 2012 in an effort to boost growth after Brexit, says U.K. Chancellor of the Exchequer Rishi Sunak.

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BNSF to Pay Washington Tribe Nearly $400M for Trespassing

Supply Chain Brain

According to court documents, BNSF regularly ran 100-car trains carrying crude oil through the reservation between 2012 and 2021.

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Southampton-based recruiters celebrate 10th anniversary

Procurement Heads

Founded in 2012, the business now has offices in Winchester and Southampton, with plans to open a London branch later this year. “It Procurement Heads was built from very humble beginnings, from an office space in my garden, to where we are now with an incredible 20-strong team.”. It has been a fantastic journey.

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CPO Spotlight: Victoria Cope

Procurement Heads

The UK Government’s Social Value Act 2012 and more recently the social value model are fantastic tools to ensure that social value delivery is considered as part of the tender evaluation and subsequent contract performance management through life. One of which is the implementation of social value through all our procurement activities.

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Seeking Evidence of Procurement’s Impact and Momentum

ivalua

Spend under management has been effectively flat since 2012, with procurement organizations averaging 63.2% Findings of note from the Ardent Partner research paper include: For 2019, procurement organizations have targeted an expected savings rate of 7.5%, nearly the same as the 7.6% savings realized in 2018.

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The supply chain implications of rising healthcare costs…

The Network Effect

In the US, healthcare expenditure per person has risen by almost 78 per cent since 2000 to USD 8,700 in 2011 (Centers for Medicare & Medicaid Services 2012). In China healthcare spending might almost triple between 2010 and 2020 to USD 1 trillion per year by 2020 (Bloomberg 2012). in 2008 to 7.6 per cent by 2020.

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How 2011 Prepared Us for Today

ivalua

A Procurement Officer Survey conducted in 2012 by the IBM Institute for Business Value found that 53% of respondents believed their organization was “effective” or “very effective” at leveraging Supplier Relationship Management and Supplier Risk Management technologies. Sellers were able to find other markets for their goods and services.